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Listed by Armen Avedian, DRE #00945343 • Coldwell Banker Hallmark
$1,275,000
Est. payment /mo
4,775 Sqft Lot
Active
529 S Garfield AVE Monterey Park, CA 91754
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRGD26218067
Year Built 1955
Lot Size 4,775 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Turnkey 4-Unit Multifamily Investment Opportunity in Prime Monterey Park! A rare chance to own a very well-maintained fourplex with strong income potential. The property features a functional layout and has benefited from major capital improvements, including updated electrical panels and copper plumbing, helping provide peace of mind and minimize deferred maintenance. Each unit offers two-car tandem parking and a 5' x 7' private storage shed, plus additional storage areas designated for the owner's use. All units are equipped with wall air conditioning & some units feature granite countertops. There is also a common laundry room for the residents' convenience. This property offers a unique opportunity for an investor or owner-user to lease at current market rents, or occupy one of the units while benefiting from rental income. With its desirable location near schools and a beautiful park, substantial upgrades, ample parking, and additional storage, this property offers a compelling combination of functionality, flexibility, and income upside. A great opportunity to acquire a turnkey 4-unit asset with immediate value-add potential in desirable Monterey Park.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Parking Features Uncovered Parking
Garage Spaces 8.0
Pool None
Building
Lot Description Irregular
Water District - Public
Others
Tax ID 5263001029
Special Listing Condition Not Applicable
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